This listing includes AI condition scoring, neighbourhood intelligence, and market valuation data — giving you a complete picture before you visit. Compare rental yield, price per square metre, and location strength against the broader Portuguese market to assess whether this property fits your investment strategy.
2-bedroom, 1-bathroom villa of 92 m², built in 1970, energy rating D. Located on rua da Boavista, Silves parish, Silves municipality, Faro district. Noteworthy Features: The villa's traditional Portuguese architecture and well-maintained outdoor spaces offer excellent potential for leisure and gardening, reflecting the charm of the Algarve lifestyle.
The valuation. The asking price of €339,000 is below the fair value of €381,076, indicating an underpriced opportunity by €42,076 (11.0%). This pricing presents a rare chance for savvy investors seeking value. Buy-to-flip angle. For a buy-to-flip strategy, the property offers potential for renovation to increase appeal, capitalizing on the underpriced nature to resell at a competitive rate post-upgrade. Buy-to-let angle. With an estimated gross yield of 2.9% (~€819/month), the villa serves well as a buy-and-hold investment targeting short-term rentals, taking advantage of the area's tourism-driven demand.
Fair value modelled at €381,076 from 6 comparable sales in the area. Asking €339,000 sits €42,076 (11.0%) below — the upside to fair value.
Asking €339,000 versus the rua da Boavista area baseline of €335,256 (€3,644/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 is below the parish average, reducing fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €335,256, adjusted for condition and micro-location, gives a modelled fair value of €381,076 (€4,142/m²), a €42,076 (11.0%) gap versus the €339,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Boavista | Subject | €339,000 | €3,685 | — | 72 | 70 |
| rua das Quintas | Active | €270,000 | €3,506 | 4.8% | 70 | 65 |
| rua Dom Afonso III S / N | Active | €185,000 | €3,304 | 10.3% | — | 76 |
| Silves · 23f505 | Active | €695,000 | €4,793 | 30.1% | 74 | 71 |
| Silves · ba57d8 | Active | €245,000 | €4,900 | 33.0% | 78 | 65 |
| Median comp | €257,500 | €4,150 | 12.6% | 74 | 68 |
Short-term vacation rental The property's proximity to coastal areas makes it well-suited for short-term vacation rentals, tapping into the region's thriving tourism market. With a fair value gap of 11%, there is potential for healthy returns in this lucrative segment. Buy-and-hold Given its fair value sitting at €381,076, this villa represents a solid buy-and-hold investment with long-term appreciation potential in a region driven by tourism demand. The 2.9% gross yield is competitive, particularly for a property priced below market value. Family rental This villa's size and location make it an appealing option for families looking for rental properties, especially with amenities and schools in the nearby area. The stable economic environment in Silves supports a reliable demand for family rentals, enhancing its investment appeal.
Economic Vulnerability The property has an economic stability score of 60, indicating a higher risk of market fluctuations that could impact rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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